Money for Nothing?

I have a piece running at U.S. News and World Report that asks if Hollywood really needs the tax credits that states are all too eager to give to film companies. And more importantly, do states get much in return? Recently, Maryland Governor Martin O'Malley tripled the state's film credit program from $7.5 million to $25 million. At the same time Maryland has been searching for revenues to fill budget gaps. Read the whole piece at Economic Intelligence.

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